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Enter Symbol:
 
Dril-quip, Inc. (DRQ) [hlAlert]

Rating:
Buy DRQ
down 14.51 %

Dril-quip, Inc. (DRQ) upgraded to Buy by BofA/Merrill

Posted on: Thursday,  Mar 7, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Dril-quip, Inc. (NYSE: DRQ) on 03/07/2013. Previously BofA/Merrill rated Underperform Dril-quip, Inc. (NYSE: DRQ) on 08/08/2012., when
the stock price was $70.80. Since then, Dril-quip, Inc. has gained 16.98% as of 03/07/2013's recent price of $82.82.
If you would have followed the previous BofA/Merrill's recommendation on DRQ, you would have lost 14.51% of your investment in 211 days.

Dril-Quip, Inc. is a manufacturers of highly engineered offshore drilling and production equipment which is well suited for use in deepwater, harsh environment and severe service applications. They design and manufacture subsea equipment, surface equipment and offshore rig equipment for use by major integrated, large independent and foreign national oil and gas companies in offshore areas throughout the world. Their principal products consist of subsea and surface wellheads and production trees, mudline hanger systems, specialty connectors and associated pipe.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2013 8:25 AM Buy
None
82.82
as of 12/13/2013
1 Week down  -1.50 %
1 Month down  -5.57 %
3 Months down  -4.09 %
1 YTD up  16.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2012 8:25 AM Sell
None
70.80

(*) Stock Price at the time of the recommendation.
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